August 21, 2012

Heh - coal in the news

There is a movement in the Pacific Northwest to demonize coal -- part of Obama's plan to make Electricity rates skyrocket. Fortunately there are more pragmatic and intelligent people around the planet. From Bloomberg:
Merkel’s Green Shift Forces Germany to Burn More Coal
Chancellor Angela Merkel’s government says RWE AG (RWE)’s new power plant that can supply 3.4 million homes aids her plan to exit nuclear energy and switch to cleaner forms of generation. It’s fired with coal.

The startup of the 2,200-megawatt station near Cologne last week shows how Europe’s largest economy is relying more on the most-polluting fuel. Coal consumption has risen 4.9 percent since Merkel announced a plan to start shutting the country’s atomic reactors after last year’s Fukushima disaster in Japan.
And it's not just Germany:
Germany’s increasing coal consumption is part of a global return to the fossil fuel that’s cheaper than most alternatives. The amount of coal burned worldwide rose 5.4 percent to account for 30 percent of total energy use last year, the highest proportion since 1969, according to BP Plc data.
(insert Thorium Reactor rant here) Posted by DaveH at August 21, 2012 1:44 PM
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